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CNBC
Jan 3, 2013 1:00pm EST
. >> coming up, america's debt threat. congresswoman diane black, republican from tennessee, will join us. she voted no on the fiscal cliff initiative. we will get her take on the upcoming debt ceiling debate as well. plus, ty, as you know, is in chicago. more from the morningstar awards we when come back to "power lunch." you turn for legal matt? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools
CNBC
Jan 23, 2013 1:00pm EST
black. republican representative to tennessee. it extends the debt ceiling limit for another three months. welcome, good to have you with us. >> good to be with you, tyler. >> in the last few minute, chief washington correspondent, put out the idea that this vote, or this change of tactics, in the midst of the fiscal discussion, effectively may take the debt ceiling off the table as a bargaining chip. not just for this go round but going into the future. do you see it that way? is the debt ceiling no longer a legitimate tool for use? >> i think that that is exactly what we are doing and requiring that there will be a budget passed by the senate. obviously if you don't have a budget pass in four years now that democrat controlled senate has not passed a budget. you can't get to the point of talking about how you control your spending. we know that washington has a spending problem. this is a way that we can get them to do what they are stat torely required to do. so we are really hoping that this will make it so that they come up with a budget that we can actually talk about. >> so
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